5 reasons you should join the SLINGSHOT 2019 startup competition
Every year, the world’s best tech and business ideas gather at SLINGSHOT – an international deep tech startup competition held in Singapore, the buzzing tech hub of Asia.
SLINGSHOT is now back for its 3rd run, with even bigger prizes and greater opportunities! With more than US$1 million in prizes for the taking, here are 5 other reasons you should join SLINGSHOT 2019 in Singapore this November:
1. Strike deals with the world’s leading investors and corporates
Pitch your ideas to 160 international judges from top-tier VC firms, multinational corporations, accelerators and incubators.
The decision makers of big tech players such as B Capital Group, Airbus, Philips, Twitter, and Jungle Ventures, are on the hunt for the next big innovation. Our investor and corporate judges are set to offer term sheets and co-innovation opportunities to promising startups – and you could well be on your way to testbed your solutions in the global market.
Past SLINGSHOT participants have gone on to acquire lucrative deals; for one, French startup and SLINGSHOT 2018 finalist Ubudu has since implemented its high-accuracy geolocation systems at Singapore’s award-winning Changi Airport and local factories – the result of securing a partnership with telco conglomerate Singtel.
2. Attractive cash prizes and funding opportunities
What’s up for grabs at SLINGSHOT 2019:
(i) S$200,000 Startup SG grant and S$200,000 FundedHere investment for the grand winner;
(ii) S$50,000 Startup SG grants x 12 for sector winners;
(iii) S$25,000 cash prize x 6 from Danone, L'Oréal, Rolls-Royce and ST Engineering;
(iv) 6 to 18 months of free access to workspaces in Singapore for all winners;
(v) term sheets and corporate co-innovation offers.
3. Experienced mentorship to take your ideas to the next level
You’ve created a great product, but can you do better? How can you market it further? SLINGSHOT’s solid mentorship process allows your startup to gain valuable feedback from leading industry experts, and cultivate long-lasting relationships within the global startup community.
All 100 global startups will be assigned dedicated mentors before and during the competition period to tap their domain expertise, experience and connections. Your startup will receive 1-on-1 coaching from angel investors, VCs, MNCs and serial entrepreneurs – from learning how to sharpen your pitch deck and business model to perfection, to avoiding potential business pitfalls.
4. Connect with the regional startup ecosystem in Singapore
The top 100 global startups get to attend SLINGSHOT’s pre-competition Gear Up workshop in Singapore, which will connect you to Southeast Asia’s business and funding opportunities.
Over 3 days, your startup will obtain critical insights into the regional startup ecosystem through curated sessions conducted by partners, such as learning how to fundraise and scale strategically in the region.
All startups will also be given a free exhibition booth at the Singapore Week of Innovation and TeCHnology (SWITCH) – during which SLINGSHOT 2019 is held – to market your products to prospective customers and partners.
5. Launch your product into the fastest-growing tech markets
Want to have the high-growth markets of Southeast Asia, China and India at your fingertips? Leverage SLINGSHOT 2019’s rich network of connections to scale your solutions globally especially in Asia, where emerging markets are ripe for disruption.
It’s exactly the head-start that your startup needs to establish operations in Asia’s tech capital and make Singapore your base for the thriving Asia-Pacific region. All international founders from the top 100 global startups will receive visa support to relocate to Singapore to further develop their innovations.
Ready to take your startup to the next level? Apply for SLINGSHOT 2019 in Singapore now.